Just Earth News | @justearthnews | 01 Apr 2022, 09:06 am Print
China COVID19 Uncertainties Representational image by Thi Nguyen via Wikimedia Commons
Beijing: The factory activities in China, a country witnessing a surge in COVID-19 cases, likely shrank in March, media reports said on Friday.
The purchasing managers' index (PMI) for China's manufacturing sector has eased to 49.5 in March from 50.2 in February, data from the National Bureau of Statistics (NBS) showed Thursday, reports Xinhua news agency.
A reading above 50 indicates expansion, while a reading below reflects contraction, the news agency reported.
Clusters of epidemic outbreaks across the nation, along with rising global geopolitical uncertainties, have affected the production and operation of enterprises, NBS senior statistician Zhao Qinghe told Xinhua.
- Is Elon Musk building a flying car? Tesla's new Roadster stuns with rocket thrusters
- Netflix's big layoff shock: 1,000 jobs at risk amid fierce streaming competition
- Is the world heading for a youth jobs crisis? UNDP flags 800 million at risk
- Apple unveils HomePod mini 2 at Rs 18,900: Main features you need to know
- Apple TV 4K with Siri AI, A19 chip announced: Price, Features and Availability
-1791127926.jpg "Image of the day: October 4, 2026")
